4 ms·
The parent post is referring to the "golden parachute" execs are entitled to when fired by new ownership in situations like this. This is different from getting
by jurassic 3y ago
The parent post is referring to the "golden parachute" execs are entitled to when fired by new ownership in situations like this. This is different from getting the $54.20 for shareholders. The purpose of these payments are to help align the incentives of leadership with shareholders so they cooperate in getting these complex deals closed.
I also haven't heard any updates.